By Katya Golubkova and John Irish HIROSHIMA, Japan (Reuters) -Leaders of the world’s richest democracies acted on Friday to stiffen sanctions against Russia, while a draft communique to be issued after their talks in the Japanese city of Hiroshima stressed the need to reduce reliance on trade with China. The Group of Seven (G7) leaders,…
By Kantaro Komiya and Supantha Mukherjee TOKYO (Reuters) – Leaders of the Group of Seven (G7) nations on Saturday called for the development and adoption of technical standards to keep artificial intelligence (AI) “trustworthy”, saying governance of the technology has not kept pace with its growth. While the G7 leaders, meeting in Hiroshima, Japan, recognised…
TOKYO (Reuters) – Group of Seven leaders on Saturday agreed to a new initiative to counter economic coercion, and pledged action to ensure that any actors attempting to weaponise economic dependence would fail and face consequences. The initiative, dubbed Coordination Platform on Economic Coercion, will use early warning and rapid information sharing on economic coercion…
By Foo Yun Chee BRUSSELS (Reuters) – EU antitrust regulators are asking Microsoft’s rivals what kind of customer data they are required to provide to the U.S. tech giant as part of their Azure cloud contracts, six months after a trade group complained about its cloud computing practices. Cloud Infrastructure Services Providers in Europe (CISPE),…
By Lewis Krauskopf NEW YORK (Reuters) – Recent advances in artificial intelligence are fueling optimism over how businesses can operate more productively in the years ahead. They are also providing a big boost to the stock market. The S&P 500’s 9% rally this year has been driven by a handful of the index’s biggest stocks,…
By Zeba Siddiqui SAN FRANCISCO (Reuters) – A U.S. court found that the FBI improperly searched for information in a U.S. database of foreign intelligence 278,000 times over several years, including on Americans suspected of crimes, according to a ruling released on Friday. The decision by the Foreign Intelligence Surveillance Court was released by the…
By Tim McLaughlin and Sarah N. Lynch WORCESTER (Reuters) -A U.S. judge on Friday ordered the Air National Guardsman accused of leaking military secrets to remain in jail as he awaits trial on charges he violated the Espionage Act. Magistrate Judge David Hennessy made the decision after lawyers for Jack Douglas Teixeira, 21, asked for…
By Hyunjoo Jin San Francisco (Reuters) – Tesla is offering discounts of more than $1,300 on some Model 3 cars in its U.S. inventory following even heavier discounts in Europe, according to a Reuters’ review of its website, even as the electric carmaker has raised U.S. prices on most newly ordered cars this month. Facing…
CANNES (Reuters) – Actor Sean Penn said on Friday he supported striking Hollywood writers and called studios’ rejection of their demand to restrict the use of artificial intelligence in writing scripts a “human obscenity”. “There are a lot of new concepts that are being tossed about, you know, including the use of AI,” Penn said…
By Lisa Pauline Mattackal and Divya Chowdhury MUMBAI (Reuters) – Investors are looking beyond the U.S. technology sector’s bounceback this year for longer-term returns, as higher interest rates and an uncertain macroeconomic picture could present further headwinds, fund managers and strategists said. The tech-heavy Nasdaq Composite has jumped 21% this year, more than doubling the…
